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Linerless Labels Market size was over USD 1.87 billion in 2023 and is poised to exceed USD 3.44 billion by 2036, witnessing over 4.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of linerless labels is evaluated at USD 1.94 billion.
An increment in the demand for eco-friendly, biodegradable, and versatile labels packaging owing to the rising packaging of food & beverages is estimated to promote the growth of the market. Additionally, the growing pharmaceutical industry is another factor anticipated to fuel the growth of the market. On the other hand, the increasing developments observed in the e-commerce sectors and the trend for home delivery of goods, has severely influenced the growth of the logistics industry, thereby raising the need to deploy label printers for operational processes. Such factors have raised the adoption of advanced linerless labels, which is estimated to support the development of global market over the coming years.
Growth Drivers
Escalating Demand for Consumer Goods Driving the Linerless Labels Market
Rising demand for consumer goods, significant growth of food and beverage packaging products along with rising demand for logistics, and consumer durables are anticipated to support the development of the global market over the forecast period.
Increasing Adoption of Advanced Linerless Labels in Emerging Economies
Rising demand for eco-friendly, biodegradable, and versatile labels in emerging economies is escalating the growth of the market. Additionally, factors such as the preservation of natural resources, prevention of waste, and energy efficiency are acting as key drivers for the growth of the market over the forecast period.
Challenges
Stringent Government Rules and Regulations
Various government rules & regulations along with the availability of substitutes are anticipated to hamper the market. Additionally, different environmental issues in terms of printing on labels and rising raw materials cost anticipated to hinder the growth of the global market over the forecast period.
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
4.8% |
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Base Year Market Size (2023) |
USD 1.87 billion |
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Forecast Year Market Size (2036) |
USD 3.44 billion |
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Regional Scope |
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The market is segmented by composition, product, printing ink, printing technology and by application. The application segment is further sub-divided into food & beverage, pharmaceuticals & personal care, retail, logistics, and others, out of which, the food & beverages segment is anticipated to hold the leading shares in the global linerless labels market owing to the rapidly growing of food & beverages industry, coupled with the added functionalities of linerless labels, such as, retaining the integrity of a product and prevent food spoilage and to improve product attributes. On the contrary, the water-based segment of the printing ink sector is anticipated to hold the largest share of the market on account of its high level of compliance with current environmental protection standards coupled with the convenience to eliminate pollution and many regulatory constraints on the printer. Moreover, the direct thermal segment of the printing technology sector is expected to witness a modest growth owing to its versatility and economic efficiency coupled with its convenience to apply simple designs and colors to a wide range of packaging materials, such as paper, plastic containers, corrugated cardboard boxes, tape, envelopes, and metal foil.
Our in-depth analysis of the global market includes the following segments
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By Composition |
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By Product |
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By Printing Ink
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By Printing Technology
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By Application
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Based on regions, the global linerless labels market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
Asia Pacific industry is estimated to account for largest revenue share by 2036, owing to increasing e-commerce industry in the region. Additionally, the growing number of businesses in the region, along with the increasing exports and trade of goods across different industry verticals are also anticipated to promote towards the growth of the market in the region. On the contrary, the market in Europe and North America are anticipated to witness a modest growth on account of the rising market consolidation coupled with the existence of a significant number of players that are trying to tap the market in these regions.
Author Credits: Abhishek Anil
Copyright © 2024 Research Nester. All Rights Reserved
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